Residents charged 55% of the market rate for some of the 102 elderly persons housing units, but that may increase to an 80% minimum.
New Zealand
Monday 4:30pm
Perth and Brisbane, in particular, have seen a property price surge. Will New Zealand follow suit?
Life
Sun, Jun 14
Esther Dawson, a Kiwi living in London, on her bizarre (and seemingly never ending) search for a flat.
World
When it comes to money, property investor Nichole Lewis has experienced dizzy highs and devastating lows.
Sat, Jun 13
Living in poor quality housing shouldn't be part of Dunedin student life, the Tenancy Compliance and Investigations Team says.
Tue, Jun 9
Renters in New Zealand are set to face easier times than those across the Tasman, a new rental report suggests.
Mon, Jun 8
The Government slashed a 2 million dwelling target to 1.4 million earlier this year, and the council must now decide how far to wind back zoning plans for housing.
Politics
Fri, Jun 5
House prices are back at mid-2016 levels in real terms.
Business
Thu, Jun 4
The township of Pegasus and a housing developer look set to go head to head over a beloved golf course, as the community sets up a war chest with the backing of local and national politicians.
Wed, Jun 3
The Reserve Bank's moved to keep the official cash rate on hold, but push up its forecast of increases.
Wed, May 27
Cotality chief property economist Kelvin Davidson says the market is at a significant turning point, after a period where rates had fallen.
Economists from one bank argue that further hikes are not needed yet, with other forecasters split on how soon the rises will begin.
Inspectors identified "a range of issues" at the property that the landlord failed to fix, despite an order.
Crime and Justice
Fri, May 22
The Government announced reforms yesterday, intended to move people through the state housing system faster.
A "multi-year reform" to the social housing system was outlined in a pre-Budget announcement today.
Thu, May 21
A long-running protest and occupation at the site was sparked by its sale to Fletchers in 2016.
Te Ao Māori
Tue, May 12
An operation that inspected 15 boarding houses across Auckland found issues at most of the properties visited.
All the major banks have increased rates in recent weeks.
Tue, May 5
In New Zealand’s long and storied romance with the property market, the "mum and dad" investor has always been a central character.
Sun, May 3
The latest property report by realestate.co.nz said, despite the increase in activity, the market is showing "levels of stability we have not seen in recent history".
Fri, May 1
Overall combined rates arrears across the major centres have grown by tens of millions over the past three years.
Thu, Apr 30
The housing will be developed on less than half of a 26.9ha Whakatāne District Council-owned block next to the official urupā site.
Wed, Apr 29
The bank was lifting all rates from one year to five years by six to 20 basis points.
The regulations for granny flats allowed for units up to 70 square metres that met clear national standards to be built without consent.
Tue, Apr 28
A tenant requesting information about them, potentially posted to the group, had his requests repeatedly ignored.
Thu, Apr 16
